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214

If I want to invest, im thinking RE would be great, but with the CDC moratariums, its a risky hedge. On the other hands, the markets are so volatile, im unsure if its a good idea to put money there. Or I could go more tribal, get a single house, and stock pile random stuff here and there

If I want to invest, im thinking RE would be great, but with the CDC moratariums, its a risky hedge. On the other hands, the markets are so volatile, im unsure if its a good idea to put money there. Or I could go more tribal, get a single house, and stock pile random stuff here and there

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[–] 0 pt

Owning a house to live in or bare property is wise. Buying residential income property will be more difficult as Marxist policies spread. In 2021 we saw the CDC, a government health agency with zero accountability to voters, making it impossible for you to get rid of deadbeat or destructive tenants. That was ended in August 2021. I think the courts struck it down. However, it is a taste of what is coming - legislation and government agencies telling landlords who they can rent to, how much they can charge and not allowing you to dump bad tenants. "Rich" landlords will be forced to subsidize "underserved" tenants by losing money every month. Commercial rentals may be better but it could happen there too.